MoonwellDeFi Launches USDC Vault with WELL, OP Rewards and Instant Claim Staking on Optimism Mainnet with MorphoLabs

MoonwellDeFi has integrated its flagship USDC Vault on the Optimism (OP) Mainnet, enabling users to earn WELL and OP rewards alongside borrower fees from MorphoLabs' isolated markets. This integration allows depositors to earn multiple rewards including WELL tokens, OP tokens, and fees from borrowing activities, all accessible through the Moonwell app. MoonwellDeFi is the first frontend to support MorphoLabs on the Optimism mainnet and has developed a staking contract system that allows instant claiming of OP and WELL rewards without delays. MorphoLabs also announced that lending and borrowing on the HyperliquidX EVM platform are powered by its technology, further expanding its presence on the Superchain ecosystem.This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io